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Higher returns for diversification drive surge in investor interest in flexi-cap funds: ICRA Analytics

Kolkata, 23 (UNI) Increasing preference for diversification and higher returns seem to be prompting investors to look at flexi-cap funds as the net Assets under Management (AUM) of these funds has grown by over 175 per cent in the last four years at Rs 4.71 lakh crore in May 2025, as against Rs 1.71 lakh crore in May 2021.
Inflows into these funds has increased by nearly 239.79 per cent at Rs 3,841.32 crore in May 2025, as compared with Rs 1,130.48 crore in May 2021. Flexi-cap funds posted category average returns of 23.40 per cent during the 5-year period, ICRA Analytics said Monday.
“The flexible allocation across large, mid, and small-cap stocks allows fund managers to adapt to market conditions, making them attractive during uncertain times. High historical returns are another major driver for investors to select this fund over others. Moreover, unlike multi-cap funds, flexi cap funds can dynamically shift allocations, helping generate alpha and manage risk better,” senior vice-president & head market data of Ashwini Kumar said.
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Trust formed for construction of Maa Janaki temple in Sitamarhi

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Patna, Jun 26 (UNI) The Bihar government has constituted a nine member “Trust” headed by Chief Secretary for the construction and redevelopment of Maa Janaki’s grand temple at Punaura Dham, the birthplace of Goddess Sita, in Sitamarhi district.

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Valorisation Project on fish waste granted to CUJ faculty

27 Jun 2025 | 1:40 AM

Ranchi, June 26 (UNI) Soumen Dey, Assistant Professor in the Department of Chemistry at the Central University of Jharkhand (CUJ), has been awarded a research project worth Rs ₹5.68 lakh by the Jharkhand Council on Science, Technology, and Innovation (JCSTI), Government of Jharkhand.

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Odisha: CM hikes cessation benefit for temporary employees to Rs 2 5 Lakh

27 Jun 2025 | 1:32 AM

Bhubaneswar, June 26 (UNI) Temporary employees of the Odisha Government will now receive a one-time cessation benefit of Rs 2.5 lakh at the time of termination of service, Chief Minister Mohan Charan Majhi announced today.

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Time is short but we are hopeful: Gaurav Gogoi on 2026 Assam elections

27 Jun 2025 | 1:30 AM

Guwahati, June 26 (UNI) Newly appointed president of the Assam Pradesh Congress Committee, Gaurav Gogoi today said that the party is hopeful about doing well in the 2026 assembly elections in the state despite the short time remaining for the preparations.

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BJD demands arrest of all accused in Karanjia gang rape case

27 Jun 2025 | 1:22 AM

Bhubaneswar, June 26 (UNI) The Biju Janata Dal (BJD) today demanded the immediate arrest of all individuals involved in the gang rape of a woman under Karanjia police limits in Odisha’s Mayurbhanj district.

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